this annotated bibliography is “How do government deficits and debt affect U.S. economic welfare?” The research question addressed by this article is "how do deficit and debt effect interest rates?" The article begins by showing the complexity of measuring these elements do to the business cycle and its effects on the variables. The author proposes the best way to measure deficit and debts effect on interest rates is to take future values for interest rates and the projected amounts of debt and deficit
necessary to briefly describe some background to how the Bank of England became so involved and how their input has had a direct affect on inflation and interest rates, which are two measurable indicators used in business and economics. In terms of measuring success it was also necessary to compare and contrast other European countries economic
Inequality is present in every economy, but to what extent are income and wealth in Australia unequal and what government polices contravene income and wealth inequality? Income is defined as money that an individual or business receives in exchange for providing a good or service or through investing capital, while wealth is a measure of the value of all of the assets of worth owned by a person, community, company or country. Income and wealth inequality refers to the degree to which income is
Julian Iacovantuono, Enrico Camia Ryan Adams Introduction to Macroeconomics Section 0013 The Pros and Cons of Economic Growth as a Policy Objective It may seem only normal for most people to assume that economic development should be the main objective for most nations. While this may be beneficial in some cases, economic growth as a main objective definitely has negative consequence as well. One of the main dilemma’s associated with economic prosperity is that it does not take the environment
country? The CB can utilize its monetary instruments to bail out the insolvent banks and therefore keep the banking system still functioning (Khan, Khan and Dewan, 2013). However, the efficiency of utilizing this monetary instrument depends on the governance of the CB. The governance of CB consists of three essential elements, independency, accountability and transparency (Amtenbrink, 2004; Dincer and Eichengreen, 2014). The CB role on influencing the impact of crisis may not happen if there
GROUP 3 ECONOMICS Standard and Higher Level INTRODUCTION The study of economics from an individual, a firm, a business, governmental and international perspectives are being increasingly important today. In the world of continuing globalization and technological developments, decisions made today by an individual or society can have a multiplier effects on other businesses and countries. Therefore, there is a need for an understanding of human experience and behaviour made in the economic environment
help find solutions that advance the best interests of such organizations.”(Managerial Economics, 2015). In order to apply the principals and methods of economics to business it is important to first understand general economic principles and macroeconomic indicators. These indicators help managers to understand how the economy is performing and what the trends are here in the U.S. and across the world. An article titled “Kiplinger’s Economic Outlook” presents a current look at general economic
macroeconomic objectives simultaneously? In answering the above question the author has considered the four macroeconomic objectives and these are: 1) Economic Growth Economic growth is the increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth can be measured in nominal terms, which includes inflation, or in real terms, which are adjusted for inflation. (Investopedia n.d) 2) Lower unemployment Lower unemployment means that
Policy and its effect on Public services Economists employed by the government are involved in implementing policies, which were especially established to meet government 's objectives that are very often multidimensional. There are four very fundamental objectives for viable economy, including decreasing the unemployment rates in certain regions, lower or stabilise the inflation, constant economic growth and a satisfactory balance of payments position. The UK economy continues to suffer from
This paper aims at addressing the link between the non conventional monetary policy of quantitative easing(QE), followed by the US, post the financial crises of 2008, and the surge in the global corporate bond issuance. This is achieved by quantifying the impact of Long Scale Asset Purchases(LSAP) which is divided into MBS/GSE debt and Treasury bonds, the two QE instruments, used to gauge the purchases and asset holdings of the Federal Reserve. The developments in the global bond market are associated